Borelli Investment Company

In a bid to provide a hub for Agricultural Technology and state-of-the-art warehouse and distribution, Silicon Valley Global Partners is set to build its $50 million THRIVE Business Park in Salinas adjacent to the Salinas Municipal Airport. “Currently we have a 1 percent vacancy rate in Monterey County,” said Michael Bassetti, Cushman & Wakefield real estate director. “Momentum is growing, the economy is strong, and industrial space is in demand. The time is right to build it.” SVG Partners, in collaboration with the city of Salinas, Borelli Investment Company, and Swenson developers … [Read more...]

SAN JOSE — A transit village in San Jose’s Berryessa district that has begun to emerge near a future BART stop has landed a Safeway supermarket as an anchor tenant, a vital piece to the mixed-use development. Safeway has signed a lease for 65,000 square feet to occupy a site called North Village of Market Park San Jose, which is being crafted as a village of offices, apartment towers, single-family homes, shops, restaurants and parks. Rising on the site of the long-time Berryessa Flea Market, the development could be an early first test of San Jose’s quest to bolster its relatively … [Read more...]